Hodges Deals into Major Molybdenum Project • Option to earn a 90% interest in a major Molybdenum project situated in Victoria. • Historic production from widespread Mo mineralisation associated with a granite/porphyry complex. • Large widths of high grade mineralisation reported from historic drilling. Results include; 195m @ 0.07% Mo, 50m @ 0.15% Mo, 30.5m @ 0.11% Mo • Extensive adjacent geochemical anomaly to be tested.
Note: 166 ppm Mo = 1g/t AuEq based upon spot prices for gold US$650/oz and molyoxide US$32.50/lb.
HDG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held